WISeKey Takes Steps to Implement its Semiconductors Quantum Technology

Wisekey International Holding SA

Wisekey International Holding SA

WISeKey Tyes Stes to meimplement its Semiconductors Quantum Ttechnology

WISeKey announces the implementation from pproject “QUASARS” (Quantity immune Safe Architecture project) which officially received the SCS label in recognition of its quality and innovative aspects

Geneva – January 262023: WISeKey International Holding Ltd. (“WISeKey”) (SES: WIHN, NASDAQ: WKEY), a a leading global cybersecurity, AI, Blockchain, and IoT company, today announced that it has incorporated a new company named SEALSQ Corp. to host the KUASARS project.

WISeKey, through SEALSQ Corp (www.SEALSQ.com), has taken affirmative steps to implement its KUASARS project. The QUASARS project is a radical innovative solution, based on the new WISeKey Secure RISC V platform, which paves the way for the era of Post Quantum Cryptography, offering hybrid solutions compliant with ANSSI (“National Agency for the Security of Information Systems, ” the National Cyber ​​Security Agency of France) recommendations Notably, WISeKey Semiconductors received strong support from the French SCS (Secured Communicating Solutions) Cluster for its QUASARS project.

Carlos Moreira, CEO of WISeKey noted, “Our cutting-edge QUASARS project is housed in a newly formed Semiconductors Quantum technology company, SEALSQ Corp, dedicated to advancing the field of post-quantum computing, making it accessible to a wide range of industries. which already uses our semiconductors, and it enables advances in communications, computing, healthcare, military systems, transportation, clean energy and countless other applications.”

Mr. Moreira continued, “Our team of experts in Switzerland, France and the United States have worked tirelessly over the past 36 months to develop innovative post-quantum solutions that harness the power of quantum mechanics to solve complex problems. Our post-quantum solutions include post- quantum microchips and other quantum devices that can be used in a variety of applications, from cryptography and drug discovery to artificial intelligence and financial modeling.”

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Post-quantum cryptography (PQC) refers to cryptographic methods that are secure against attack by a quantum computer. As quantum computers become more powerful, they may be able to break many of the cryptographic methods that are currently used to protect sensitive information, such as RSA and Elliptic Curve Cryptography (ECC). PQC aims to develop new cryptographic methods that are secure against quantum attacks.

One example of a post-quantum technology is the lattice-based cryptography, a type of public key cryptography based on the hardness of a mathematical problem called the Shortest Vector Problem (SVP) which is believed to be too difficult for a quantum computer to. to solve Grid-based cryptography can be used for tasks such as digital signatures, key exchange, and encryption.

Another example is code-based cryptography which is based on the difficulty of decoding certain algebraic structures called error-correcting codes. These codes can be used to create digital signatures, key exchange and encryption schemes that are secure against quantum attacks.

It is worth noting that post-quantum cryptography is still in its early stages of development and there is ongoing research to identify and improve the most promising post-quantum techniques.

WISeKey is part of the National Institute of Standards and Technology (NIST) National Cybersecurity Center of Excellence (NCCoE) project, a new secure platform that will help define best practices for performing trusted network layer inputs, and assist in the implementation and use . of reliable on-board solutions for IoT devices at scale.

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More information about this consortium can be found at: http://www.nccoe.nist.gov/projects/trusted-iot-device-network-layer-onboarding-and-lifecycle-management.

For this project, WISeKey is working with NIST to define recommended practices for performing trusted network layer onboarding that will aid in the implementation and use of trusted onboarding solutions for IoT devices at scale.

WISeKey’s contributions to the project will be Trust Services for credentials and secure semiconductors to keep credentials secure. Specifically, WISeKey will offer INeS Certificate Management Service (CMS) for issuing credentials and VaultIC secure semiconductors to provide tamper-proof key storage and cryptographic acceleration.

Press and investor contacts:

WISeKey International Holding Ltd
Company Contact: Carlos Moreira
President & CEO
Tel: +41 22 594 3000
[email protected]

WISeKey Investor Relations (USA)
Contact: Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
[email protected]

About WISeKey

WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cyber security company currently deploying large-scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an installed base of more than 1.5 billion microchips in almost all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens, etc.). WISeKey is uniquely positioned to be at the edge of IoT because our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications predict the failure of their equipment before it happens.

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Our technology is Trusted by OISTE/WISeKey’s Swiss cryptographic Root of Trust (“RoT”) providing secure authentication and identification, in physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT acts as a shared trust anchor to ensure the integrity of online transactions between objects and between objects and people. For more information, visit www.wisekey.com.

Disclaimer:
This communication expressly or by implication contains certain forward-looking statements about WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors that could cause WISeKey International Holding Ltd’s actual results, financial condition, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. -looking statements. WISeKey International Holding Ltd is providing this communication as of the date hereof and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

This press release does not constitute an offer to sell, or a request for an offer to buy, any securities, and it does not constitute an offer prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus. within the meaning of the listing of the SIX Swiss Exchange. Investors should rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing herein is, or shall be relied upon, as a promise or representation as to WISeKey’s future performance.

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